Gas to Power Journal

Category: Markets

In the prolific Bakken region, over one-fifth the associated gas produced from oil fields has been flared. Targets aim at capturing at least 78% of gas gross withdrawals, and reduce flaring from 22% to just 15 % starting from January 2016. However, restrictions were loosened to ease higher oil production in the current challenging markets.

Shaken by an accounting scandal, the Japanese conglomerate Toshiba has decided to cut a 20-year gas import contract to the bone. In 2013, Toshiba committed to buying 2.2 mtpa from Freeport LNG in Texas starting from 2019 with the aim of using these gas supplies as a sweetener for potential Asian buyers of its high-efficiency […]

NamPower has advertised a tender to buy 120 MW of short-term electricity supply, which is expected to be fed into the national grid next year. The latest tender is set out for a period of 3 to 5 years and comes even though the government has shelved NamPower’s own 250 MW project.The government is adamant […]

Despite considerable improvement since 2000, India still has one of the highest levels of electricity transmission and distribution (T&D) losses in the world. Nearly 20% of the power generated does not reach the intended customers, mostly due to technical inefficiency and theft.

UK green energy developer Lark Energy has registered to bid for capacity payments with a view to building 18 MW of bio diesel generation on its Ellough solar farm project in Suffolk. Grid balancing with bio diesel generators is part of Lark’s green energy portfolio, but critics have warned that ‘overly generous subsidies’ would incentivise […]

Power generation from wind has hit several all-time records in the Lone Star State, prompting EIA analysts to anticipate more of the same as more wind farms get added to the grid. The latest all-time instantaneous peak of 12,238 MW, reached on October 22, came just one day after an earlier record, according to data […]

Prices for natural gas in Europe, already at their lowest since 2009, are anticipated to fall further as oversupply grows. Northwest Europe will turn into a “dumping ground” for excess LNG even though gas demand stays “subdued”, Societee General said when it cut its forecast for 2016 prices of the NBP front-month by 9.1 %.

The Indian government will back increased gas power generation in the country’s energy mix in order to balance the rapid addition of renewable technology over the next five years, according to comments from India’s Minister for Power, Coal, and Renewable Energy, Piyush Goyal.

Deregulation of Japan’s energy sector heralds a growing aspiration for an Asian gas index, JERA president Yuji Kakimi said, cautioning that “quantitative LNG demand is less certain as Japan’s nuclear reactors are restarted one by one – very slowly.”

Despite the fall in global oil and gas prices, growth of LNG use in Asia’s power sector is limited by coal. “Only very competitively priced LNG has a chance to beat coal in Asia,” the International Energy Agency’s (IEA) executive director Dr Fatih Birol told the Singapore Energy Week today.

News in Brief

Total, KKR to add 700 MW in Texas

Oct 13 – TotalEnergies and KKR have agreed to add 700 MW to their joint venture, which currently holds 1.4 GW of capacity. The transaction covers a portfolio of three large-scale solar power plants located in Texas and Ohio, due commissioned by the first quarter of 2027. All electricity generation by these assets will be marketed by TotalEnergies, which also owns three open-cycle gas power plants with a combined capacity of 1,500 MW in Wolf Hollow, near Dallas, Colorado Bend (530 MW – 74 MW) and La Porte (150 MW), both southeast Houston.

Hyundai engine blocks for ERock

Sept 9 – HD Construction Equipment and US onsite power provider ERock have signed a mult-year deal for the supply of gas engine blocks for ERock’s so-called RockBlock generator, deployed to power data centers and critical infrastructure in Texas and beyond. ERock has a track record of supply electricity to customers like Meta and Microsoft, and has more than 400 operational sites and 1.1 GW of installed power generation base.

GE Vernova steps up MIT recruitment

Oct 7 – GE Vernova today announced its goal to double the number of interns and permanent hires it brings on board in 2027, expanding its Alliance with the Massachusetts Institute of Technology (MIT).

Wärtsilä to power US data center

Oct 5 – Wärtsilä has secured an order to supply a 282 MW onsite power plant for an American data center project. The decentral onsite plant will run on fifteen 50SG engines scheduled for delivery in 2028. The overall power project is expected to be operational in 2029.

PacificLight breaks ground on CCGT with BEES in Singapore

Oct 2 – PacificLight Power has broken ground on a S$1.2 billion hydrogen-ready power plant on Jurong Island, Singapore, a hybrid project integrated with a dedicated battery energy storage system (BEES). With an installed capacity of 670 MW, the combined-cycle gas turbine (CCGT) plant will be Singapore’s largest and most efficient single generating unit when it starts up in 2029.

Singapore’s Q4 energy tariffs fall

Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 Singapore cents (S¢) per kWh in the period between October and December 2026. Electricity prices will be at 28.59 S¢ per kWh for the fourth quarter, down from 31.91 S¢ per kWh in from July to September.

Singapore to lower power & gas tariffs

Sept 30 – Singapore households will have to pay less for gas and electricity in the fourth quarter of 2026. SP Group, Singapore’s grid operator, confirmed the household electricity tariff will fall 10.4%, or 3.32 S$cents per kWh in the period between October and December 2026. Electricity prices will be at 28.59 cents per kWh for the fourth quarter, down from 31.91 S$cents per kWh in from July to September.

TTF gas prices rise after Trump rejects Hormuz deal

Sept 28 – European gas prices at the Dutch TTF rose nearly 2.5% on Monday after US President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz, raising fears that disruptions to Middle East LNG shipments could persist into the winter. The bullishness at Europe’s benchmark gas trading hub is exacerbated by fear of gas shortages, given that gas storages are just under 70% full in key gas consuming markets such as Germany. The Dutch TTF front-month Oct26 contract was last seen trading at €74.05 per Megawatt-hour, while the Brent contract for November delivery was last seen changing hands at $108.08 per barrel.

ProPetro to commit 230 MW to Targa

Sept 25 – ProPetro Holding, has committed to supply 230 MW of behind-the-meter power to support Targa’s natural gas processing infrastructure in the Permian Basin. The new units bring the total contracted capacity to 510 MW, with full deployment expected in early 2028.

Fitch ups INNIO’s credit rating

Sept 24 – Fitch Ratings has upgraded the credit rating of INNIO to BB from B+, with a stable outlook, following a recent upgrade by Moody’s. Analyst said these upgrades reflect INNIO’s strong operating performance and cash flow generation, supported by a growing installed base for power gen assets that helps underpin service revenues.

Emerson builds automation service center in Qatar

Sept 23 – Emerson today announced plans to build its first certified flow calibration lab and an associated automation solution service center in Qatar’s Umm Alhoul Free Zone. The new 3,500-square-metre facility will expand Emerson’s local capabilities for customers across the Middle East and Africa.

MOL inaugurates solar & BESS

Sept 21 – MOL Group has inaugurated a new 37.4 MWp solar park and an associated electricity storage system with 20 MW of nominal power and 40 MWh of storage capacity at its Algyő site in Hungary. The hybrid power unit will strengthens the energy independence of MOL’s own operations at Algyő and reduce operating costs by replacing electricity purchased from the grid.

GE delivers GIS substation at Chesterfield

Sept 16 – GE Vernova is fast-tracking delivery of new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience across England and Wales in generations.

Singapore’s energy security hinges on LNG

Sept 14 – Singapore’s experience in the Middle East crisis highlights the country’s exposure to external energy supply shocks. Over 95% of Singapore’s electricity generation is fuelled by imported LNG, hence diversification is paramount for supply security, said Gan Siow Huang, Singapore’s minister of trade and industry. Singapore is hence developing a second LNG terminal with a view to increasing import capacity to 15 mtpa by 2030.

AI-linked power projects double in US

Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW.

GE to deliver GIS substation at Chesterfield

Aug 27 – GE Vernova has been chosen by Laing O’Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner.   The projects form part of The Great Grid Upgrade, the largest overhaul of the electricity grid across England and Wales in generations.

New gensets for Project Permian

Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW.

Singapore allocates new data centre capacity

Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong Island, and operators must source more than 50% of their capacity from green or low‑carbon energy such as biomethane, low‑carbon ammonia or hydrogen.

German gas storage only half full

Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty.

Russian attack damages DTEK power plant

Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed capacity, jeopardising regional electricity supply security.

    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.